How Date Factor Calculated in Siebel during Agreement Total Price Calculation
Last updated on JUNE 20, 2016
Applies to:Siebel CRM - Version 220.127.116.11.11 [IP2013] and later
Information in this document applies to any platform.
We had a case: To know the Agreement Total Price Calculation in Siebel.
Agreement Total Price is calculated as the Total Price of the Line Items.
Total Price of particular Line Item = Monthly List Price* Date Factor*Quantity Requested.
Where Monthly List Price is the Price available for the product
Quantity requested: No of Quantity available for the particular Line Item
Date Factor: Is calculated as the number of months between start date and end date of the line item.
Lets consider an example as Start Date 2016/04/17 End Date 2017/04/30 for the particular line Item. and the Date Factor value is 12.484
Total Price is calculated as below.
Monthly List Price
Date Factor: 12.484
Total Price= [14750*1*12.484]= 184,139.
Here how the Date factor is calculated ?
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